Summary investment/residential property - chain free - a wonderful opportunity to acquire a well-presented four bedroom professional property on Lipson Road. The property is currently tenanted to working professionals returning an 8% Yield. This property would also transform into a beautiful family dwelling with three large double bedrooms, two reception rooms and a large kitchen/dining area.
Investment This property represents a real opportunity for a landlord looking for high quality property with proven investment returns. Investors will be drawn to the quality of the property and the standard to which it has been maintained, ensuring that this represents a true turn-key investment. Options exist to continue to rent the property to students or let to professional sharers. In this popular rental location and with the quality of the accommodation, either option is attractive.
Residential This property also lends itself well to the residential market, if you are looking for a beautiful, spacious family home in a brilliant location, look no further. With large living areas, two reception rooms and a kitchen/diner this property would make a lovely home. Period features, cast-iron fireplaces and large double bedrooms make it an appealing prospect.
Detail The property is entered via the front door into a hallway, the living room lies to the left of the front door. A beautifully lit room with a large bay window, laid to wood laminate and with a feature fireplace it offers the perfect space for your tenants to congregate.
The first bedroom is situated in the middle of the property, between the living room and kitchen/dining areas, it is a substantial room, laid to wood laminate flooring and has a double glazed window to the rear aspect. The room is neutrally decorated with an olive green feature wall.
The kitchen sits at the back of the property, it is of ample size, laid to wood laminate and has plenty of space for a dining table. There are two double glazed windows, one to the side and one to the rear, a large number of wall and base units and a stainless steel sink and draining board. There is an electric oven and hob with extractor over and some handy shelving in one corner.
Upstairs lies three substantial bedrooms, the smallest of which is situated at the back of the property and is entered via an exposed solid wood door, with a large double glazed window to the rear aspect and neutral decor. There is shelving on one wall and a cast iron feature fireplace on the right hand wall.
The shower room is positioned at the top of the stairs, it includes a shower cubicle, WC and hand basin, the floor is laid to laminate. Next door to the shower room is a seperate WC and hand basin, ideal convenience for a house of students.
The landing then leads on to two further bedrooms, the third room is of substantial size, it also benefits from a lovely exposed wooden door, the room is decorated with a purple feature wall and laid to carpet. There is a double glazed window to the rear.
The master bedroom is located at the front of the property with a large bay window and a second smaller window affording the room a great deal of light, it is a majestically sized room running the whole width of the property, laid to carpet and decorated with a red feature wall. There is a cast iron feature fireplace on one wall.
Kitchen 15' 11" x 10' 8" (4.86m x 3.26m)
bedroom 1 11' 10" x 10' 3" (3.62m x 3.13m)
living room 11' 8" x 12' 6" (3.57m x 3.83m)
bedroom 2 12' 4" x 10' 8" (3.76m x 3.27m)
bedroom 3 12' 0" x 10' 5" (3.66m x 3.19m)
master bedroom 14' 7" x 15' 7" (4.45m x 4.75m)
outside At the rear of the property there is a good sized pebbled courtyard with storage shed, a flower bed runs down one side with a number of mature shrubs. There is a rear gate that leads into the service lane behind.
Viewings Interested applicants should contact Martin & Co (Plymouth) today on in order to arrange their viewing appointment.
Note to purchasers We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.